This week, Hong Kong is heaven for art-lovers and fashionistas — two segments that are increasingly interconnected at an unprecedented pace in China. The vibrant, metropolitan city offers art lovers a glimpse into their favorite artists’ collaborations with luxury fashion brands, while also allowing fashionistas to visit exhibitions or art-related initiatives created by their beloved […]
Monthly Archives: March 2019
Chinese Whispers: Louis Vuitton, Piaget, Montblanc Lower Prices In China After VAT Drop, And More
In “Chinese Whispers,” we share the biggest news stories about the luxury industry in China that have yet to make it into the English language. In this week’s edition, we discuss: Louis Vuitton, Piaget, Montblanc will lower prices in China after new tariff cut April 1st Starting on April 1st, China will reduce VAT (value […]
The Rising Potential of China’s New Seniors
There is certainly no shortage of research or advice when it comes to marketing to millennials, touted as the most significant demographic in marketing. China is no exception when it comes to millennial obsession. However, a closer look reveals that elderly people (defined as over-60s) represent the fastest growing generational group in China. This group […]
Shopping While Chinese: Real Stories of Discrimination
Racial profiling in the retail world is an age-old tale, and cultural bias comes in every shade. For African-Americans, for example, shopping in a luxury boutique often means that your spending power is underestimated. But for Chinese, it’s often the opposite problem. These days, being Chinese and walking into a luxury store outside of China […]
Aquila Launches Innovative Aft Platform on 32 and Four-Cabin 44
Aquila has debuted its revolutionary 32 in Miami, expanding a range of power catamarans that also includes the 36 (see Review), 44 and 48. The Aquila 32 features a swim platform that wraps around the outboards The 32 – which features a forward cabin and two showers – was formerly known as the 30, but […]
Niche is the New Black in China’s Luxury Landscape
Over the last few years, a quiet but steady shift has been taking place among Chinese luxury shoppers. Big logos are no longer a priority, and in their place, niche high-end labels and boutique products have been reshaping the retail landscape and are now becoming the new signifiers of luxury consumption. This swing has been […]
Barcelona and La Roca Village Launch Mandarin App to Draw in Travel Shoppers
More Chinese tourists are taking trips around Europe, and destinations on the continent are looking for new ways to cater to those tourists while also enticing them to shop more. The Catalan Tourist Board and La Roca Village, which is a designer outlet shopping mall in the Barcelona region, co-announced on March 19 the launch […]
Retailers And Brands Find New Ways to Increase Chinese Foot Traffic
Amid slowing economic growth and stricter daigou regulations in China, overseas retailers and brands have struggled to maintain the level of sales generated by Chinese tourists in recent years. It’s a watershed moment for the industry, as the winners quickly learned to adapt to Chinese technology, exemplified by brands like Lancôme, Tissot, and King Power […]
China’s CIIE 2019 Luxury Expo to Include LVMH
While China’s President Xi Jinping journeyed from the scenic Mediterranean town of Nice to the bright lights of Paris during his official visit to France, the Parisian fashion house LVMH Group announced a significant commitment to his home country. On March 25, LVMH director Antoine Arnault signed an agreement with the China International Import Expo […]
Bulgari’s Accessible Luxury: Handmade Chocolates
Bulgari, one of LVMH’s brands best known for fine jewelry and accessories, has diversified its portfolio in recent years by opening hotels, restaurants, and even chocolate shops at its properties in Dubai, Tokyo, and most recently, Shanghai. Il Cioccolato, which is located on the ground floor of the hotel, next to the Italian gardens, may […]